Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
SMARTFIN CAPITAL, IN VEREFFENING from Etterbeek, company number BE0507713440, closed financial year 2025 with a result of € 13.7 million after tax. For that financial year SMARTFIN CAPITAL, IN VEREFFENING recorded a gross margin of € -371,203 and equity of € 4.3 million. Compared with financial year 2025, the result moved from € -2.7 million to € 13.7 million. Profitable, and profit is growing. The buffer shrank hard: equity is 70 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 4.3 million
▼ 70% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13.7 million
▲ still € 2.7 million loss in 2025
Profit after tax over the fiscal year.
€ 640,502
▲ 254% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -881,937.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 123,716
Supplier invoices still open on the last day of the fiscal year.
€ 3,509
▲ 142% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -390,965 | € -418,776 | € -191,172 | € -371,203 | ▼ € 180,031 |
| Profit after taxes | € -13,922,133 | € 696,679 | € -2,686,793 | € 13,742,498 | ▲ € 16.4 million |
| Equity | € 13,760,319 | € 17,069,013 | € 14,382,220 | € 4,275,705 | ▼ 70% |
| Total debts | € 80,146 | € 100,842 | € 1,452 | € 127,226 | ▲ € 125,774 |
| Cash | € 686,379 | € 438,813 | € 181,116 | € 640,502 | ▲ 254% |
| Retained profit | € -12,634,321 | € -11,937,642 | € -14,624,435 | € -881,937 | ▲ € 13.7 million |
| Balance sheet total | € 13,840,466 | € 17,169,855 | € 16,891,492 | € 6,290,894 | ▼ 63% |
Key figures of SMARTFIN CAPITAL, IN VEREFFENING, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SMARTFIN CAPITAL, IN VEREFFENING?
What happened at SMARTFIN CAPITAL, IN VEREFFENING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SMARTFIN CAPITAL, IN VEREFFENING is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 2.7 million (▼ € 3.4 million vs 2024). Source: NBB ↗
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 13.9 million loss in 2023 to € 13.7 million profit in 2025.
Paid € 5,671 in corporate taxes since 2023.
Best year ever: 2025, with € 13.7 million profit.
Management
Behind SMARTFIN CAPITAL, IN VEREFFENING is Bart Luyten. It owns 42.9% of Maria CI itself.
Directors
According to the 2025 annual accounts
Bart Luyten
Liquidator
Also active at: MATERIALISE, MOBILEWAY, EYESEE, LUPIO, SMARTFIN MANAGEMENT, Smartfin Capital II, TIMESEER.AI, Smartfin Capital III +3 more
Establishments
Establishment units
Physical locations of this company
Priester Cuypersstraat 3
1040 Etterbeek
Walemstraat 20
2860 Sint-Katelijne-Waver
Active since 23 December 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.713.440
- VAT number
- BE 0507.713.440
- Registered office
- Priester Cuypersstraat 3, 1040 Etterbeek
- Names & denominations
- SMARTFIN CAPITAL, IN VEREFFENING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 23 December 2014
- Peppol
- Active · Active since 9 Apr 2025
- Activities · NACE
Activiteiten van holdings
Holdings